2-Hydroxypropanoic Acid Prices, Trends & Forecasts | Provided by Procurement Resource
In the first half of 2023, the 2-Hydroxypropanoic Acid (Lactic Acid) market in Asia experienced mixed sentiments. Initially, low demand and excess inventory led to reduced prices, supported by declining feedstock glycerol costs. However, an increase in demand from food and beverage industries in Q1 led to price inclines. In Europe, prices initially fell due…